Bebe Stores (BEBE) Reports 1Q Miss and Weak Guidance; Mizuho Securities Remains Neutral
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After-Hours Movers 11/12: (LPCN) (BUFF) (YUM) (CWEI) Higher; (JWN) (PRTY) (FOSL) (CSCO) Lower (more...)
November 12, 2015 6:36 PM ESTNordstrom (NYSE: JWN) 20% LOWER; reported Q3 EPS of $0.42, may not compare the analyst estimate of $0.72. (This included a reduction in earnings per diluted share of $0.15, which primarily represented transaction costs associated with the closing of its credit card portfolio sale.) Revenue for the quarter came in at $3.2 billion versus the consensus estimate of $3.37 billion. The Company said its third quarter performance was below Company expectations, reflecting softer sales trends that were generally consistent across channels and merchandise categories. Total Company net sales increased 6.6 percent and comparable sales increased... More
bebe stores (BEBE) Reports In-Line Q1 EPS
November 12, 2015 4:01 PM ESTbebe stores (NASDAQ: BEBE) reported Q1 EPS of ($0.16), in-line with the analyst estimate of ($0.16). Revenue for the quarter came in at $96.3 million versus the consensus estimate of $97.69 million.
Comparable store sales for the quarter ended October 3, 2015, decreased 4.1% compared to an increase of 0.7% in the comparable period of the prior year.
Second quarter and fiscal 2016 guidance:
For the second quarter of fiscal 2016, the Company expects comparable store sales to be in the negative high single digit range due to the current sales... More
